Certain A Shares of Zhejiang Meilun Elevator Co., Ltd. are subject to a Lock-Up Agreement Ending on 15-SEP-2020.
September 15, 2020
Share
Certain A Shares of Zhejiang Meilun Elevator Co., Ltd. are subject to a Lock-Up Agreement Ending on 15-SEP-2020. These A Shares will be under lockup for 1103 days starting from 8-SEP-2017 to 15-SEP-2020.
Details:
Qian Xuelin and Qian Xuegen committed that to not transfer or entrust to a third party the company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
Wang Laigen, Fu Yan, and Zhu Guojian committed that to not transfer or entrust to a third party the company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
Zhejiang Meilun Elevator Co., Ltd. is a China-based company principally engaged in the research and development, design, manufacture and sales of elevators and elevator accessories. The Company's primary products include elevators, escalators, moving walkways and related ancillary products. The elevators mainly include passenger lifts, sightseeing elevators, bed elevators, cargo elevators, hydraulic elevators, car elevators, home ladders and three-dimensional garage. The Company is also involved in the provision of relevant installation, retrofit, repair and maintenance services. The Company mainly operates its business in the domestic market.